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Sheffield Corp. was organized on January 1, 2021, with an authorization of 1340000 shares of common stock with a par value of $6 per share.

Sheffield Corp. was organized on January 1, 2021, with an authorization of 1340000 shares of common stock with a par value of $6 per share. During 2021, the corporation had the following capital transactions:

January 5 issued 670000 shares @ $10 per share
July 28 purchased 82000 shares @ $12 per share
December 31 sold the 82000 shares held in treasury @ $20 per share

Sheffield used the cost method to record the purchase and reissuance of the treasury shares. What is the total amount of additional paid-in capital as of December 31, 2021?

A

$2070000.

B

$3336000.

C

$-0-.

D

$2680000.

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